Taxes

The Latest on President Donald Trump's tax overhaul (all times EDT): 8:50 a.m.

Trump’s tax overhaul will call for just three brackets with the tax rate for the wealthiest Americans likely to be higher than previous proposals, White House sources told Fox News Wednesday, which could be good news for Middle America.

New York would release the state tax returns for Donald Trump and other New Yorkers holding high office under state legislation crafted by Democratic lawmakers.

On the same day President Trump unveiled his highly anticipated tax reform proposal, former presidential hopeful Sen. Bernie Sanders (I-Vt.)

A cut in the corporate tax rate will involve immediate pain for some big banks, namely Citigroup Inc. and Bank of America Corp., but an eventual earnings boost should more than make up for that.

President Donald Trump is proposing 'the biggest tax cut' ever even as the government struggles with mounting debt, in an effort to fulfill promises of bringing jobs and prosperity to the middle class.

The Trump administration has imposed a tariff on Canadian lumber imports.

Treasury Secretary Mnuchin says Trump to propose 'biggest tax cut' and 'largest tax reform in US history'

Shares rose in Asia on Wednesday after hopes for tax cuts by President Donald Trump drove record-breaking gains overnight on Wall Street.

Profits are climbing for companies, and so are their stock prices.

President Donald Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent, but the dramatic cut raises a problematic question for the White House: How can the president deliver the "massive" tax cut he promised without also blowing a massive hole in the budget?

Environmentalists across the U.S. are defending decades-old bottle recycling programs, saying they're still necessary despite advances in curbside recycling efforts.

A Michigan board approved restructured tax incentives Tuesday for Dow Chemical and AK Steel and capped the credits' value similarly to how it did in agreements with automakers in recent years, despite lawmakers' criticism of the new deal for the steelmaker.